Lightning eMotors: Lightning eMotors, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

Lightning eMotors, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 12.37 million compared to... Lightning eMotors, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 12.37 million compared to USD 11.13 million a year ago. Net loss was USD 50.67 million compared to USD 1.23 million a year ago. Basic loss per share from continuing operations was USD 7.84 compared to USD 0.33 a year ago. Diluted loss per share from continuing operations was USD 7.84 compared to USD 0.33 a year ago. For the nine months, sales was USD 21.59 million compared to USD 20.08 million a year ago. Net loss was USD 95.56 million compared to net income of USD 23.75 million a year ago. Basic loss per share from continuing operations was USD 16.79 compared to basic earnings per share from continuing operations of USD 6.3 a year ago. Diluted loss per share from continuing operations was USD 16.79 compared to diluted earnings per share from continuing operations of USD 4.5 a year ago.